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Media

New Maroochydore CBD Update

Aug 28, 2018 Ann Lindner Comments ((Disabled))

The Sunshine Coast Council has projected revenue of $310million to flow to the Maroochydore new city centre by 2028.Borrowings are estimated at $124.534 million to fund the completion of the project.

A further $120m has already been spent including commercial and residential property along with land to accommodate roads.

The new centre is expected to deliver benefits including 30,000 jobs, new public facilities and improved traffic and pedestrian flows through Maroochydore.

More than 90% of the first stage lots were in commercial or contract negotiation, worth $91m. There are five more precincts yet to be released and they will be released progressively over the 20 year life of the project.

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Property Hot Spots - 10 top performers over the past 12 months

Aug 28, 2018 Ann Lindner Comments ((Disabled))

Suburb Median Price Capital Growth past 12 mths
Minyama $1.31m 45.8%
Kenilworth $399,000 40.0%
Yandina Creek $820,000 32.3%
Beerwah (unit) $375,000 25.0%
Mount Coolum $676,200 23.2%
Mapleton $543,250 21.3%
Mudjimba $739,500 20.7%
Peregian Springs (unit) $475,200 18.8%
Battery Hill $579,500 18.4%
Montville $707,500 17.9%
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Where would we invest our money?

Aug 13, 2018 Ann Lindner Comments ((Disabled))

On the Sunshine Coast at present we have a number of ‘mini markets’ where suburbs or even a few blocks are experiencing increased capital growth.

Birtinya was recently in the spotlight, what was once swampland is now the Jewel in the Crown.The two new hospitals recently completed in the area and associated health hub surrounding them has created boom in building, employment and capital growth.

Local agents report units have increased in value a whopping 24% in the last three months.

Median House Price $662,500, Unit $595,000 as at April 2018.

High end properties are now being sort out for doctors and specialists drawn to the lifestyle and cutting edge medical facilities.

Stockland is now midway through leasing the Birtinya Shopping Centre, featuring Coles, two mini- majors and 30 specialty shops.This is stage one of the overall 18ha Master Plan.

Nearby in the Bokarina Beach development 125 residential lots have sold and major earthworks completed on the 30ha site.A $19 million upgrade of Nicklin Way and Lake Kawana Boulevard will link the areas via two bridges and a dedicated pedestrian and cyclist path underneath.

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Queensland Capital growth will lead the country.

Aug 13, 2018 Ann Lindner Comments ((Disabled))

In a recent survey of hundreds of property professionals conducted by NAB, the industry expects house prices in Qld to increase by 0.7% in the next year, and a further rise of 1.3% in the two years.

Areas tipped for above average growth include the Sunshine Coast.

The outlook for rents is also positive and likely placing upward pressure on yields, with predictions of rental growth at 1.3% in the next 12 months and 1.9% in two years.

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Buderim 6 Figure Sales

Jul 16, 2018 Ann Lindner Comments ((Disabled))

A seven bedroom, seven bathroom acreage home with ocean views has just been listed in Buderim for $2.395 million.The price tag of the 7A Box Street property is not unusual in Buderim, with a number of sales recorded over $1 million so far in 2018.

10 Barralong Court sold 13 June $1,025,000

38 Gossamer Drive sold 1 June $2,435,000

1/16 Lavarack Crescent sold 28 April $1,075,000

7A Clithero Ave sold 12 April $ 1,400,000

15 Foote Ridge sold 8 April $1,660,000

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2000 Workers needed

Jul 16, 2018 Ann Lindner Comments ((Disabled))

The search for workers is on for the Wharf development in Brisbane just 40 minutes away from the Sunshine Coast.

The $3.6 billion program has started with moving more than 450,000 cubic metres of material over 15 months.As the project moves to peak construction demand, there will be hundreds more workers recruited. The field’s targeted will be painters, steel workers, glaziers, metal workers, carpenters, roofers and hardware suppliers.

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Who is buying Noosa Property?

Jul 16, 2018 Ann Lindner Comments ((Disabled))

Cashed up Baby Boomers are using Noosa property to lure their children and grandchild to spend holidays with them.And why not - we have the best lifestyle in the world, safe, clean, green, affordable and very friendly.

A Quambie Place waterfront unit has sold this week for $4 million and a Hasting St beachfront unit for $7 million.We are seeing Sydney Melbourne and southeast Qld Buyers making up 90% of the Buyers, with overseas buyers 10%.

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Building Boom on the Sunshine Coast

May 30, 2018 Ann Lindner Comments ((Disabled))

A new report by the Urbahn Development Institute of Australia shows how the development industry drives our economy.

Last year the development industry contributed;
13,405 direct jobs
16,863 indirect jobs
$3.9 billion to gross regional product

On the Sunshine Coast the industry accounts for 10.7% of direct regional employment and is the regions third largest industry of employment.

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Sunshine Coast Property Hot Spots 2018

May 30, 2018 Ann Lindner Comments ((Disabled))

A number of Hot Spots growing (population) at a rapid pace over the past year were highlighted in new figures released by ABS.

Fastest Growth Suburbs
Peregian Springs 10.3%
Caloundra West 6.2%
Mountain Creek 6.6%
Bli Bli 5.5%
Golden Beach – Pelican Waters 3.9%
Birtinya 3.9%
Beerwah 3.2%
Coolum Beach 2.9%

Largest Growth Suburbs
Caloundra West 1299 (persons)
Peregian Springs 787
Mountain Creek 775
Golden Beach – Pelican Waters 480
Bli Bli 467
Coolum Beach 444
Noosa Hinterland 403
Buderim South 31


 

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Visitors Welcome

Mar 20, 2018 Ann Lindner Comments ((Disabled))

Living on the Sunshine Coast it seems there is an event on every weekend, and now we can confirm it! 

We will host more than 55 major events in 2018, with 130,000 visitors.
The economic benefit for the coast is staggering - in 2017 events delivered $60 million to the local economy.
The localized spending doesn't stop at one recipient, 79 cents in every visitor dollar flows through to other sectors of the economy.
Successful events motivate participants and their guests to return for holidays, business or relocation during the rest of the year, or future years.

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